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The product lifecycle goes though many phases and involves many professional disciplines and requires many skills, tools and processes.
Product life cycle management (PLC) deals with the life of a product in the market with respect to business/commercial costs and sales measures.
Product Lifecycle Management (PLM) deals with managing descriptions and properties of a product through its development and useful life, mainly from a business/engineering point of view.
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| Product life cycle management | Product Lifecycle Management | Marketing & Sales | Engineering | Logistics | Finance
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| | PLC | PLM
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| Development
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| Introduction
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| Growth
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| Mature
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| Decline
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| Conceive
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| Design
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| Realize
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| Service
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| Ideation
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| Advertising
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| Selling
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| Sales Order processing
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| Ideation
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| Concept Design
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| Detailed Design
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| Tool Design
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| Production Planning
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| Manufacture
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| Maintenance
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| Redesign
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| Recycling
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| Sourcing
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| Procurement
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| Purchasing
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| Stock control
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| Delivery
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| Spare Parts
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| Investment
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| Cash flow
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| PO SO admin
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| Return
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[edit] See also
[edit] External links
